About 25 percent of Florida mortgages are in some form of delinquency and Florida Housing Finance Corporation Spokeswoman Cecka Rose Green says a new funding program will help. Florida Housing will open applications for the Hardest-Hit Fund program on April 18th. Green says the need in the state is high.
“There are over 300,000 mortgages that are currently in some stage of delinquency, and that means they are 90 days or more delinquent and possibly in forecloseure, so it is a fairly large problem,” she says.
Florida Housing changed several provisions from their pilot program to now, but Green says those changes will let the fund help twice as many people. Interested applicants can look on the official website, www.flhardesthithelp.org, to get answers to any questions. Green says to make sure you are on this official website and not one of the scam sites they have seen pop up.